SATS funding rates

SATS perpetual funding across 5 venues. Rates are annualized (APR); positive means longs pay shorts.

Data as of 2026-10-12 07:20 UTC · refreshed every 5 min

Best pair · 7d: 11.8%long MEXC, short Bitget · net 7.7%
Highest funding now: 10.9%BinanceCEX
Lowest funding now: 10.9%BinanceCEX
Listed on: 5 venues

Funding by venue

													Open
BinanceCEX	1000SATSUSDT	10.9%	0.9%	7.6%	8.8%	8.7%	86%	4h	08:00	1.209e-08	$1.9M	$1.0M	BnBinance
BybitCEX	10000SATSUSDT	10.9%	10.9%	13.1%	12.1%	13.5%	100%	4h	08:00	1.209e-08	$277k	$38k	ByBybit
BitgetCEX	1000SATSUSDT	10.9%	10.9%	16.4%	16.2%	17.3%	100%	4h	08:00	1.208e-08	$612k	$53k	BgBitget
GateCEX	SATS_USDT	10.9%	10.9%	10.6%	10.8%	10.5%	100%	4h	08:00	1.205e-08	$324k	$24k	GtGate
MEXCCEX	SATS_USDT	10.9%	10.9%	4.6%	9.3%	3.5%	71%	8h	08:00	1.206e-08	$263k	$96k	MxMEXC

Sparklines: hourly funding APR over the last 7 days, zero line dashed.

Long/short pairs

Funding spreads, annualized: short-leg rate minus long-leg rate.
											Flags	Open	Calc
		Spread APR				After taker fees			Quality
MEXCCEX	BitgetCEX	0.0%	0.0%	11.8%	6.9%	7.7%	11.5%	4.9d	cooling	$263k	8h/4h	Mx Bg	calc
MEXCCEX	BybitCEX	0.0%	0.0%	8.6%	2.8%	4.7%	7.0%	6.4d	cooling	$263k	8h/4h	Mx By	calc
BinanceCEX	BitgetCEX	0.0%	10.0%	8.8%	3.5%	3.1%	4.6%	9.1d	cooling	$612k		Bn Bg	calc
MEXCCEX	GateCEX	0.0%	0.0%	6.0%	1.5%	1.1%	1.6%	12d	cooling	$263k	8h/4h	Mx Gt	calc
BinanceCEX	BybitCEX	0.0%	10.0%	5.5%	4.3%	0.1%	0.1%	14d	weak	$277k		Bn By	calc
MEXCCEX	BinanceCEX	0.0%	−10.0%	3.0%	1.1%	−0.6%	−0.9%	17d	cooling	$263k	8h/4h	Mx Bn	calc
GateCEX	BitgetCEX	0.0%	0.0%	5.8%	5.4%	−1.2%	−1.8%	17d	cooling	$324k		Gt Bg	calc
BybitCEX	BitgetCEX	0.0%	0.0%	3.3%	4.1%	−2.7%	−4.1%	26d	weak	$277k		By Bg	calc
BinanceCEX	GateCEX	0.0%	10.0%	3.0%	1.9%	−3.5%	−5.3%	31d	weak	$324k		Bn Gt	calc
GateCEX	BybitCEX	0.0%	0.0%	2.6%	1.3%	−4.2%	−6.3%	37d	weak	$277k		Gt By	calc

What the columns and badges mean

now: Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h: Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d: Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d: Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend: Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR: 7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital: Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven: Days of 7d-average funding needed to pay back open+close taker fees.
Min OI: Smaller open interest of the two legs, USD.
steady: Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike: The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed: The spread was negative too often: not negative in only X% of hours over 7 days.
new: Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak: Prior-week spread under 5% APR: too small to call steady.
cooling: The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?: Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale: At least one leg has not updated for over 30 minutes.
low OI: Open interest under $50k on at least one leg — size carefully.
8h/1h: Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi: Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only: Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.: A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX: Centralized exchange: trading needs an account with identity verification (KYC).

Prices now

Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.

Indicative · marks from 2026-10-12 07:20 UTC

Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.

Indicative (mark or mid prices): buy on Gate at 0.00000001205, sell on Bybit at 0.000000012093: 0.356% before fees, 0.096% after taker fees.

SATS: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →	Bybit0.000000012093	Binance0.00000001209	Bitget0.00000001208	MEXC0.00000001206	Gate0.00000001205
Gate0.00000001205	0.356%	0.331%	0.249%	0.083%	—
MEXC0.00000001206	0.273%	0.248%	0.166%	—	−0.083%
Bitget0.00000001208	0.108%	0.083%	—	−0.166%	−0.249%
Binance0.00000001209	0.025%	—	−0.083%	−0.248%	−0.331%
Bybit0.000000012093	—	−0.025%	−0.108%	−0.273%	−0.356%

All quotes (5)

Venue	Bid	Ask	Quality	Age	Vol 24h	Flags
BinanceCEX	0.00000001209	0.00000001209	mark	8m	$1.0M	no FX
BitgetCEX	0.00000001208	0.00000001208	mark	8m	$53k	no FX
BybitCEX	0.000000012093	0.000000012093	mark	8m	$38k	no FX
GateCEX	0.00000001205	0.00000001205	mark	8m	$24k	no FX
MEXCCEX	0.00000001206	0.00000001206	mark	4m	$96k	no FX

All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.

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